The Continuous Coverage for Flood Insurance Act aims to integrate private flood policies with NFIP rules, boosting consumer choice and market competition while preserving pricing benefits.

Severe Washington floods reveal gaps in flood insurance coverage, recovery costs, and disaster aid challenges impacting homeowners and renters.

Explore essential guidance on flood insurance policies, claims documentation, coverage limitations, and how public and private insurers handle flood damage claims effectively.

Climate change is increasing property insurance rates and lowering home values in risk-prone U.S. regions, impacting insurers, homeowners, and local governments financially.

Congress introduces bipartisan NFIP Automatic Extension Act to prevent flood insurance lapses caused by missed reauthorizations, ensuring continuous coverage and market stability.

NAIC anticipates FEMA reforms to enhance disaster aid and resolve National Flood Insurance Program funding issues, impacting federal disaster funding and insurance regulation.

Congress introduces bipartisan bill to prevent National Flood Insurance Program lapses during government shutdowns, ensuring continuous flood insurance coverage and market stability.

Moody’s RMS reports two-thirds of U.S. residential flood losses go uninsured due to outdated maps, insurance gaps, and NFIP lapses. Private flood insurers are poised to fill the coverage void with advanced risk modelling.

Mortgage and real estate industry groups urge Congress to approve a long-term reauthorization of the National Flood Insurance Program to stabilize flood insurance coverage and protect homeowners against flood risks.

Industry groups urge Congress for long-term National Flood Insurance Program reauthorization to stabilize flood insurance markets and support federal mitigation efforts amid recent operational lapses.